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Iceland Tax Information

24% VSK

VSK (VAT) is 24% standard, 11% for hotels/books/food. No threshold - all businesses must register. Source: Icelandic Revenue and Customs.

Videographer Services to Invoice

  • Video production
  • Event coverage
  • Corporate videos
  • Drone footage
  • Live streaming
  • Multi-camera setup
  • Same-day edits

Invoice Requirements in Iceland

Kennitala
VSK number
Business address
Client kennitala
VSK breakdown
Total in ISK

Payment Terms

50% deposit to book, 50% before delivery. Large projects use milestone payments.

Reiðufé14 dagar30 dagarGjalddagi

Payment Methods in Iceland

Bank TransferCredit CardCash

Videographer Invoice Tips

  • Specify shoot duration
  • Include equipment used
  • Detail crew costs
  • Note travel expenses
  • Reference licensing terms

Frequently Asked Questions

What tax rate applies to videographer invoices in Iceland?

Iceland has 24% VSK. VSK (VAT) is 24% standard, 11% for hotels/books/food. No threshold - all businesses must register. Source: Icelandic Revenue and Customs.

What payment methods are common for videographers in Iceland?

Common payment methods in Iceland include: Bank Transfer, Credit Card, Cash. 50% deposit to book, 50% before delivery. Large projects use milestone payments.

What should videographer invoices include in Iceland?

Your invoice should include: Kennitala, VSK number, Business address, Client kennitala. For videographer services specifically, also include: Video production, Event coverage, Corporate videos.

How should videographers price their work?

Day rate or project-based. Include filming, editing, and equipment. Consider complexity and deliverables.

Should videographers charge for equipment?

Include basic equipment in your rate. Specialized gear (drones, gimbals) can be billed separately.

What VSK rates apply?

Iceland has 24% standard VAT and 11% reduced rate for hotels, books, and some food. No zero-rated goods domestically.